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Where Taxpayers and Advisers Meet
Reminder - Only 1 Month Left to File Employers Annual Returns!
18/04/2012, by HM Revenue & Customs, Tax News - Business Tax
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With the 2011/12 tax year now ended, employers across the country are being reminded to send in their annual returns on time, or face a penalty.

Employer Annual Returns, which provide information on employees’ tax and National Insurance deductions during the tax year, must be sent online* to HM Revenue & Customs (HMRC) by the 19 May deadline.

If you file your return late, you’ll be charged a penalty of £100 per 50 employees for each month, or part month, that your return is outstanding.

Employers who are not registered for online filing need to sign up now for HMRC’s PAYE Online service. The registration process only takes a few minutes, but you won't be able file online until you have activated the service using a code that HMRC sends you by post. This can take up to a week to arrive – so don't leave registration until the last minute.

To help you get your return right first time, HMRC has published a list of common errors to avoid on its website at Avoiding and Correcting Errors in your Employer Annual Return (P35 and P14s)

Help is available from HMRC via its Employers Helpline on 08457 143 143 or online at PAYE Online Filing for Employers

*Editorial Note - not all employers must file online - in fact, some must still file on paper (although this is very rare and people who fall into that category are likely to know that this is the case) - for more information on who does not need to file online, see Guidance for Employers Exempt from Online Filing

About The Author

HM Revenue & Customs is the UK's primary taxing authority, responsible for the administration (and collection) of direct and indirect taxes and duties, and certain benefits.

For further information please visit the HMRC Website and in particular the About Us section.

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